dude its side ways and stuck in a 28.8-69k channel been in that channel since late December 2020
That's ridiculous... especially for any of us who know better regarding the various ups and downs that have happened, including that the up that got us into supra $28k started in about September 2020....
Even if it might be helpful psychologically to consider the bitcoin price in such a way, it comes off as a bit fantasy-landia to characterize it in such a way...
But hey.. you do you, and you have done that before.....
now do i guess it leave that channel this year .
yes i do .
then it wont be sideways. it will be as we both want uppity or as we both don’t want debbie downer.
Sure it could go any way, and I doubt that what we want makes very much difference.. the odds seem to be slightly in favor of up in my opinion, and that is not based on what I want... even though what I want happens to coincide with that.
I am prepared for it to leave the channel that it has been in for last 400 plus days.
either way. but while we stay in the channel i dca 50 a day.
Well, fair enough that you might condition your dca based on staying below a certain price or even based on staying within a price range as you describe it.
I have heard this supposed price range asserted by a variety of others, and surely it seems to be a faulty framing of the matter, and even misleading in some ways - even though factually it is true.
Not that our current price position is not interesting, since we are currently approaching a bounce price of about 30% above the current $32,951 correction low that so many people (smart, dumb and otherwise) were asserting to be inevitably going to be challenged again, it is going to be interesting for me to see if we are able to make it above $46k.. without meaningfully going back to test $32,951.. and it will also be interesting to see if we can get either supra $55k or supra $62k without any meaningful correction. I do suspect that the odds are pretty high that we are going to have a meaningful correction at one or more of each of those resistance points, and sure, if you are just ignoring it all and just buying all along the way, then cannot really blame you for that - even though there seems to be a whole hell of a lot more going on than having more than a year of supposed flat, as you are nonsensically characterizing the matter...
Might have to batman slap you just to verify whether you have been around the last years, and also batman slap the other various bitcoin naysayers who are spouting out such nonsense - even if they are claiming to be long term bulls.. but spouting out such nonsense and acting as if they largest wealth transfer in history is not happening right in front of their eyes... . .which includes a battle.. not some bullshit fantasy land assertion about supposed flatness..... stability and blah blah blah ---
Again.. for sure, no problem with your tentative plan to continue to buy BTC for $50 per day.. but that is another question than to be spouting out nonsense that the BTC price has been flat for over a year.
we have been is this track since dec 31 2020 that's 402 days of sideways in the 28.8 to 67.5 sector
when we leave this track is time to get excited.
my guess is we do it uppity and we do it this year.
my fingers are crossed for luck!
You may well need to zoom out a wee bit to appreciate the context of your supposed channel a wee bit moar better.
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